House For Sale £142,500
Nancroft Terrace, Armley, LS12

HOP are proud to present this two bedroom End-Terrace house located on Nancroft Terrace in Armley. This well presented house is ideal for first investors looking for a fantastic buy to let opportunity and currently has tenants in situ. The property boasts a separate kitchen and lounge, large rear yard and spacious light rooms throughout. 

The property was upgraded by the current owner in 2020, which included a new kitchen, re-wire, re-plastering and updated joinery, amongst other works. The property is currently tenanted and provides a brilliant ready-made investment, generating a current rent of £750 per calendar month, achieving a gross yield of 6.5%. Additionally there is scope to increase the rent to £825 per calendar month, to create a potential lead of 7%.

In brief, the property opens into a welcoming entrance hall. The large living room is on the ground floor and features neural décor and dual aspect double glazed windows providing plenty of natural light. The modern kitchen is located to the rear of the property and which is well lit by the large double glazed windows. The kitchen comes with a range of wall based units and complementing marble countertops.

The first floor offers two good sized double bedrooms with grey carpets and double glazed windows. The first bedroom comes with built in wardrobes providing plenty of storage space. The bathroom comes part-tiled and features a large panelled bath with an electric shower over, hand wash basin and w.c.

Externally the property benefits from an open rear yard which attracts plenty of sunlight and there is also ample on street parking. 

Situated in popular Armley location, Nancroft Terrace is perfectly positioned for commuters. The A647 is just a stones throw away providing quick access to Leeds City Centre and the M621. There are plenty of bus routes nearby and Leeds Railway Station is less than 3 miles away. Armley boasts a wide range of amenities, with the likes of Lidl and Aldi within easy reach. For those who enjoy the outdoors, Armley Park and Leeds to Liverpool Canal are also close by. 

Viewings are highly recommended to fully appreciate the potential on offer.

*The buyer will retain HOP for lettins and property management for a minimum of 12 months.*